Mortgage banks notch profit on loans for first time in 8 quarters
The average loan balance for first mortgages rose from $345,761 in the first quarter to $356,993 in the second, the Mortgage Bankers Association reported. Continue reading
The average loan balance for first mortgages rose from $345,761 in the first quarter to $356,993 in the second, the Mortgage Bankers Association reported. Continue reading
Kiavi has packaged up more than $5.1 billion in “residential transition loans” for sale to investors. The latest deal — the first to be evaluated by a credit rating agency — was oversubscribed and bumped up to $400 million. Continue reading
In Q2 earnings, the nation’s largest mortgage lender posted a healthy $76 million profit, paid down debt, and said it’s in prime position to capitalize and grow as mortgage rates drop. Continue reading
Brokerage and MLS software platform Perchwell has closed on a Series B round of funding led by Lux Capital. Continue reading
Credit reports offer a wealth of valuable insights and can be especially important in evaluating client needs post-divorce, Lindsey Harn writes. Continue reading
Veteran KBW analyst Ryan Tomasello will be talking about the “watershed moment” that could lead to consolidation and innovation across the real estate industry at Inman Connect Las Vegas. Continue reading
Interest rate buydowns involve a trade-off between upfront costs and long-term affordability. Clever CEO Luke Babich offers strategies to help clients make the choice. Continue reading
As financial targets pave the way for interest rates to (finally) fall, the real estate industry is cautiously optimistic about a late-year boost. Continue reading
About 80 percent of business owners fall into the trap of using personal credit and financial resources to run their business. Trainer Bernice Ross shares expert strategies for getting your finances in order. Continue reading
EMM Loans, Searchlight Lending join growing list of mortgage lenders who have partnered with Calque to help homeowners tap their equity and buy before they sell. Continue reading